EQNR vs CMI

Comparison between Equinor ASA (EQNR, Company) and Cummins Inc (CMI, Company).

EQNR is from the Energy sector, while CMI is from the Industrials sector.

5-Year PerformanceCMI has outperformed EQNR, delivering a return of +22.6% compared to +18.4%

EQNR vs CMI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	EQNR(COMPANY)	CMI(COMPANY)
Market Cap	$91B	$92B
Max Drawdown	69.20%	75.93%
Sharpe Ratio	1.43	2.25
5Y Beta	0.22	1.24
Industry	Oil & Gas Integrated	Specialty Industrial Machinery
P/E Ratio	16.74	30.52
Forward P/E	8.97	22.78
PEG Ratio	0.92	1.64
Dividend Yield	4.11%	1.15%
5Y Dividends CAGR	22.42%	12.87%
5Y EPS CAGR	N/A	6.04%
Debt to Equity	73.12%	1.27%
Free Cash Flow Yield	2.27%	2.89%
P/S Ratio	0.86	2.72
P/B Ratio	2.06	7.46

Market Cap

EQNR

$91B

Winner

CMI

$92B

Max Drawdown

Winner

EQNR

69.20%

CMI

75.93%

Sharpe Ratio

EQNR

1.43

Winner

CMI

2.25

5Y Beta

Winner

EQNR

0.22

CMI

1.24

Industry

EQNR

Oil & Gas Integrated

CMI

Specialty Industrial Machinery

P/E Ratio

Winner

EQNR

16.74

CMI

30.52

Forward P/E

Winner

EQNR

8.97

CMI

22.78

PEG Ratio

Winner

EQNR

0.92

CMI

1.64

Dividend Yield

Winner

EQNR

4.11%

CMI

1.15%

5Y Dividends CAGR

Winner

EQNR

22.42%

CMI

12.87%

5Y EPS CAGR

EQNR

N/A

CMI

6.04%

Debt to Equity

EQNR

73.12%

Winner

CMI

1.27%

Free Cash Flow Yield

EQNR

2.27%

Winner

CMI

2.89%

P/S Ratio

Winner

EQNR

0.86

CMI

2.72

P/B Ratio

Winner

EQNR

2.06

CMI

7.46

EQNR vs CMI - Historical Returns

Returns include dividend reinvestment.

Period	EQNR	CMI
1 month	-9.80%	-3.20%
3 months	+17.46%	+17.48%
6 months	+64.46%	+28.36%
1 year	+60.87%	+104.73%
5 years(CAGR)	+18.43%	+22.60%
10 years(CAGR)	+10.55%	+21.92%
Max(CAGR)	+10.55%	+18.76%

EQNR

-9.80%

Winner

CMI

-3.20%

EQNR

+17.46%

Winner

CMI

+17.48%

Winner

EQNR

+64.46%

CMI

+28.36%

EQNR

+60.87%

Winner

CMI

+104.73%

5Y(CAGR)

EQNR

+18.43%

Winner

CMI

+22.60%

10Y(CAGR)

EQNR

+10.55%

Winner

CMI

+21.92%

Max(CAGR)

EQNR

+10.55%

Winner

CMI

+18.76%

EQNR vs CMI - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	EQNR	CMI
2026	+54.01%	+25.56%
2025	+3.75%	+49.77%
2024	-15.62%	+47.90%
2023	+9.04%	+2.24%
2022	+38.58%	+13.37%
2021	+60.19%	+0.88%
2020	-15.79%	+30.26%
2019	-3.07%	+38.35%
2018	-21.04%	-22.27%
2017	N/A	+29.79%
2016	N/A	+57.21%
2015	N/A	-38.15%
2014	N/A	+6.08%
2013	N/A	+26.66%
2012	N/A	+21.06%
2011	N/A	-20.14%
2010	N/A	+137.11%
2009	N/A	+60.12%
2008	N/A	-56.05%
2007	N/A	+117.98%
2006	N/A	+31.56%
2005	N/A	+10.76%
2004	N/A	+75.22%
2003	N/A	+74.78%
2002	N/A	-25.25%
2001	N/A	+5.32%
2000	N/A	-16.94%
1999	N/A	-3.05%

EQNR vs CMI Drawdown Comparison

The maximum drawdown for EQNR was -66.76%, occurring on Mar 18, 2020. Recovery took 759 trading sessions.

The maximum drawdown for CMI was -75.65%, occurring on Nov 20, 2008. Recovery took 469 trading sessions.

The current EQNR drawdown is -12.02%. The current CMI drawdown is -8.82%.

Rank	EQNR	CMI
#1	-66.76% Sep 25, 2018 - Sep 30, 2021	-75.65% Jun 16, 2008 - Apr 27, 2010
#2	-35.49% Aug 24, 2022 - Mar 2, 2026	-60.07% Apr 10, 2002 - Aug 12, 2003
#3	-17.88% Apr 8, 2022 - Aug 11, 2022	-45.90% Jun 10, 2014 - Feb 9, 2017
#4	-16.34% Mar 30, 2026 - Apr 17, 2026	-45.05% Nov 2, 1999 - Mar 19, 2002
#5	-12.24% Oct 20, 2021 - Jan 12, 2022	-44.05% Nov 11, 2019 - Jun 8, 2020
#6	-11.57% Jul 10, 2018 - Sep 25, 2018	-39.06% Oct 15, 2007 - May 13, 2008
#7	-8.69% May 21, 2018 - Jul 9, 2018	-34.48% Mar 19, 2012 - Aug 12, 2013
#8	-7.77% Feb 11, 2022 - Mar 1, 2022	-33.03% Apr 29, 2011 - Feb 3, 2012
#9	-6.21% Jan 14, 2022 - Feb 4, 2022	-32.87% Jan 26, 2018 - Nov 8, 2019
#10	-5.36% Mar 20, 2026 - Mar 30, 2026	-30.48% Mar 15, 2021 - Jul 31, 2023
#11	-5.34% Mar 2, 2022 - Mar 17, 2022	-30.47% Feb 19, 2025 - Aug 7, 2025
#12	-4.32% Mar 25, 2022 - Mar 30, 2022	-24.05% Dec 28, 2004 - Jul 22, 2005
#13	-4.14% Oct 5, 2021 - Oct 13, 2021	-18.18% Aug 1, 2023 - Feb 15, 2024
#14	-3.45% Mar 6, 2026 - Mar 12, 2026	-17.06% Apr 19, 2004 - Jul 26, 2004
#15	-3.19% Mar 30, 2022 - Apr 8, 2022	-16.89% Oct 16, 2006 - Feb 2, 2007

Correlation

Correlation between EQNR and CMI is 0.72 which considered as a strong positive correlation - the stocks tend to move together.

0.72

-101

Dividend Comparison (1999 - 2026)

EQNR vs CMI dividend yield comparison.

Year	EQNR	CMI
2026	2.06%	0.61%
2025	7.66%	1.50%
2024	12.66%	2.01%
2023	11.38%	2.71%
2022	3.30%	2.49%
2021	2.13%	2.57%
2020	4.32%	2.33%
2019	5.07%	2.74%
2018	3.26%	3.32%
2017	0.00%	2.38%
2016	0.00%	2.93%
2015	0.00%	3.99%
2014	0.00%	1.95%
2013	0.00%	1.60%
2012	0.00%	1.66%
2011	0.00%	1.51%
2010	0.00%	0.80%
2009	0.00%	1.53%
2008	0.00%	2.24%
2007	0.00%	0.68%
2006	0.00%	1.12%
2005	0.00%	1.34%
2004	0.00%	1.43%
2003	0.00%	2.45%
2002	0.00%	4.27%
2001	0.00%	3.11%
2000	0.00%	3.16%
1999	0.00%	0.62%